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Jan 24, 2017
01/17
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the prime minister and her ministers cannot bypass parliament. mark: do you think the uk's negotiating position when it comes to brexit will be weekend akened by today's decision? gina: i think this is a complete nonsense argument in that we need to know or the ministers need to talk about our direction of travel. weeksa may's speech last was a great speech, but the problem is it had very little data and very little policy. surely as we make this decision going for, we need to see some of these cards. reticent not to show them because they don't have any. mark: you don't think she has a plan even after last tuesday's speech? gina: at the end of the day, what the government needs to do now as they execute brexit is to prove in their debate that britain will be in a better place than we are at the moment. they are suddenly realizing that it is not as easy as they thought it was going to be and there are rules and regulations when it comes to the w geo, -- wto, how you leave, possibly a new deal with other eu member states and other global partners.
the prime minister and her ministers cannot bypass parliament. mark: do you think the uk's negotiating position when it comes to brexit will be weekend akened by today's decision? gina: i think this is a complete nonsense argument in that we need to know or the ministers need to talk about our direction of travel. weeksa may's speech last was a great speech, but the problem is it had very little data and very little policy. surely as we make this decision going for, we need to see some of these...
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Jan 23, 2017
01/17
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it's establishing very clearly that these decisions should be made in parliament. be broughtwill not article 50, it will be about reform legislation and the kind of qualifications that mp's will want to put on that. greens -- dems, mark: what are we talking about? mr. cable: things that will effectively try to find the government into a union or key aspects of the single market, key aspects of social and environmental regulation. that could make it quite tricky. mark: but it still won't delay the triggering of it? mr. cable: there is one subsidiary issue in the court ruling, which is to do with the devolved powers of scotland and wales. if the supreme court go into that issue, the so-called civil convention, which would give enhanced role to scotland's particularly -- not having a veto, but a much greater -- it would make it trickier. mark: on may president president trump on friday, what's the best she can hope for? mr. cable: it's a terrible idea, i think she is making a dreadful mistake. trump is a highly unprintable character. we don't know how it would turn ou
it's establishing very clearly that these decisions should be made in parliament. be broughtwill not article 50, it will be about reform legislation and the kind of qualifications that mp's will want to put on that. greens -- dems, mark: what are we talking about? mr. cable: things that will effectively try to find the government into a union or key aspects of the single market, key aspects of social and environmental regulation. that could make it quite tricky. mark: but it still won't delay...
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Jan 17, 2017
01/17
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and parliament will never really feet so brexit. than very different setting out the actual process. julie: it seems as though the market is increasing increased -- is welcoming increased details from theresa may. but what did she really give us? there is a lot more that needs to be worked out. >> this is a negotiation stance to set off in changes -- in transients -- intransience from the european block. i was a prize markets do not get that. now they have. we have seen the response, which clarity approval of they wanted. julie: what kind of reaction are we hearing from the members of the e.u. to her speech? they want to clarity, now they got it. mark: it has been ok, has it not? svenja: it has. there have been overtures in germany, saying at least there were these talks. the final bit of her speech was pretty aggressive. the phrasing of no deal is better than a bad deal. that is pretty aggressive, throwing down the gauntlet. is seeing dangers sigence as aran negotiating strategy or is it literally what europe stands for. mark: here
and parliament will never really feet so brexit. than very different setting out the actual process. julie: it seems as though the market is increasing increased -- is welcoming increased details from theresa may. but what did she really give us? there is a lot more that needs to be worked out. >> this is a negotiation stance to set off in changes -- in transients -- intransience from the european block. i was a prize markets do not get that. now they have. we have seen the response,...
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Jan 24, 2017
01/17
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simon: she spoke about seat -- speaking to the parliament at a later date and she said parliament will vote on the brexit deal, but in reality that would not stop brexit. parliament votes for the deal, or it doesn't. more importantly, it is whether she triggers article 50. that is not the only doubt, really, after the hearing. parliamentarians saying they will back triggering article 50. they do not want to oppose the will of the people. she is going to try to rush bill thatsmaller gives her the right to invoke article 50. critics will try to add amendments to that in the hope they can either soften her approach, or force her back to talk to them as he goes down this two-year process of removing the u.k. from the eu. vonnie: now, part of the decision was that it does not need to happen in the assemblies , and then in northern ireland, scotland, and wales -- what happens now, do we see more referendums in those countries? simon: that was one bit of comfort for the prime minister today. thathe supreme court said the semi-autonomous government elsewhere, had they been handed power, they w
simon: she spoke about seat -- speaking to the parliament at a later date and she said parliament will vote on the brexit deal, but in reality that would not stop brexit. parliament votes for the deal, or it doesn't. more importantly, it is whether she triggers article 50. that is not the only doubt, really, after the hearing. parliamentarians saying they will back triggering article 50. they do not want to oppose the will of the people. she is going to try to rush bill thatsmaller gives her...
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Jan 17, 2017
01/17
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david: we have all been surprised at what parliaments have done. i think we have to wait for the parliament to ultimately approve it according to the law in england. erik: of all the things donald trump as promised to do, which concern to youor and carlyle? it's something you have to be thinking about running a private equity firm. i'm more worried about the country and those issues and what affects carlisle. don't look at things only from the perspective of carlisle. from a carlisle perspective, we want higher growth. we would like some tax relief in the corporate world and he said he would produce that. we think less regulations would be good and he says he would produce that. saying you are going to do things and getting them done are two different things. taxcongress takes care of regulation and i suspect it will take nine or 10 months. there will be some uncertainty for a while. if you are going to reduce the tax rate, has to come with some concessions. there is the illumination of the duct ability -- i've said it before, i will say it again,
david: we have all been surprised at what parliaments have done. i think we have to wait for the parliament to ultimately approve it according to the law in england. erik: of all the things donald trump as promised to do, which concern to youor and carlyle? it's something you have to be thinking about running a private equity firm. i'm more worried about the country and those issues and what affects carlisle. don't look at things only from the perspective of carlisle. from a carlisle...
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Jan 30, 2017
01/17
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parliament gets set to vote on article 50. the chairman of parliament so lacked -- part of an select committee.
parliament gets set to vote on article 50. the chairman of parliament so lacked -- part of an select committee.
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Jan 6, 2017
01/17
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, but iffferent forums you think of scotland, where i grew up, when the trade unions first went to parliament in the early 20th century, those were trade union workers who have worked on the shop floor, the shipyards, the mind, and were arguing for their own people in parliament. you don't see much of that in the u.s. anymore. there is a sense in which middle-class ordinary people in america are not very well represented. the presidential election is a different matter altogether. mike: in this country, we have had a tradition of very wealthy man representing the working class, franklin roosevelt, john kennedy, now you have donald trump coming to office. wealthy men. they: yes, but i think were a lot more men of the people, not so much woman of the people, in the past than there have been recently. and thethe clintons obama administration have been very technocratic administrations with the result that the politics of ordinary people somehow gets lost. mike: what do you see ahead? you have done a lot of work recently on white debt rates. there are a lot of leaks in there. -- leaps in there. i
, but iffferent forums you think of scotland, where i grew up, when the trade unions first went to parliament in the early 20th century, those were trade union workers who have worked on the shop floor, the shipyards, the mind, and were arguing for their own people in parliament. you don't see much of that in the u.s. anymore. there is a sense in which middle-class ordinary people in america are not very well represented. the presidential election is a different matter altogether. mike: in this...
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Jan 26, 2017
01/17
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this is parliament drawing up the brexit bill. vonnie: charter communications and why they say verizon did not propose a deal to charter. earlier, "wall street journal" did report they were pursuing a deal, but the talks are in early stages. their stock up. this is bloomberg. ♪ this is bloomberg markets. i am vonnie quinn in new york. mark: i am mark barton from london. vonnie: u.k. government published a bill to seek lawmaker approval to start brexit talks. we have the latest. 137 words, are we looking for more details? right. is the government's idea was to publish and shorten it as much as possible to avoid the opposition's amendment. no bill is amendment, so we expect the s&p 500 index to try and make trouble for theresa may by suggesting some amendments. they have party said they would require regular reporting throughout the stages of brexit. mark: and they will decide on this. john has a key role. svenja: the idea of having a short and specific domains that su amendments as possible can be accepted. mark: talk to me about
this is parliament drawing up the brexit bill. vonnie: charter communications and why they say verizon did not propose a deal to charter. earlier, "wall street journal" did report they were pursuing a deal, but the talks are in early stages. their stock up. this is bloomberg. ♪ this is bloomberg markets. i am vonnie quinn in new york. mark: i am mark barton from london. vonnie: u.k. government published a bill to seek lawmaker approval to start brexit talks. we have the latest. 137...
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Jan 26, 2017
01/17
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emma: he made the comments to the british parliament. president trump's plan for investigating what he considers to be voter fraud in the presidential election. that is according to sean spicer. he said the president is still working out details with his senior team and exciting -- assigning the executive action at 4:30 today. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i am emma chandra. oliver: getting back to philadelphia, president shrimp -- president trump urged people to move fast on the agenda. president trump: this congress is going to be the busiest congress we have had in decades maybe ever, think of that. and think of everything we can who we mustremember achieve it for. oliver: for more on trump's remarks, we get a reporter from that retreat. heaven, tell us what is going on here. republicans trying to light a fire under him, will it work? reporter: they have a lot of work to do with president trump taking a series of executive actions on everything from the transp
emma: he made the comments to the british parliament. president trump's plan for investigating what he considers to be voter fraud in the presidential election. that is according to sean spicer. he said the president is still working out details with his senior team and exciting -- assigning the executive action at 4:30 today. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i am emma chandra. oliver: getting back to philadelphia,...
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Jan 3, 2017
01/17
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rodgers, saying it could take 10 years to negotiate a free trade deal with the eu and even then, the parliament could stop the deal. intel seeking to file [indiscernible] jointly joint task jointly owned by bmw, audi and they must have the antitrust inquiry before the sales. they will receive an answer in one month's time. ofia is not in favor offering apple concessions to manufacturing iphones in india, according to a government official, says it is unlikely they will have governing local sourcing. that is your latest bloomberg business flash. ark: tpi cap has straightforward strategy to boost profits after buying their broking business. thus for doing more. itning us to explain is brokers are getting paid too much. think the tpi cap is they are, they have been spending the last five years trying to reduce the pay but now that they have been the deal, they are buying the business from icap and said they will keep going and may be cut a further. -- isis the voice still the business still compelling well? you have compliance, is it still a compelling part of the business for these types of compa
rodgers, saying it could take 10 years to negotiate a free trade deal with the eu and even then, the parliament could stop the deal. intel seeking to file [indiscernible] jointly joint task jointly owned by bmw, audi and they must have the antitrust inquiry before the sales. they will receive an answer in one month's time. ofia is not in favor offering apple concessions to manufacturing iphones in india, according to a government official, says it is unlikely they will have governing local...
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Jan 18, 2017
01/17
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the issue is whether parliament should have the final say before the u.k. formally begins the process of leaving the european union. the process is expected to begin in the next couple of months. a suicide attacker in a bomb filled vehicle has struck a military camp in northern mali killing more than 50 people. more than 100 soldiers and former fighters trying to stabilize the region were wounded. islamic extremist groups in the area are expected to claim responsibility ultimately. they oppose a 2015 peace agreement. the u.s. supreme court is considering a first amendment challenge to a law line in the government from registering trademarks considered offensive. the justices will hear arguments in a dispute involving an asian american band called the slants which was denied a trade by because the trademark office says the name disparages asians. russian authorities have extended a resident permit for edward snowden. healy leaked thousands of secret documents from the national security agency. the russian foreign ministry said's noted's authorization has bee
the issue is whether parliament should have the final say before the u.k. formally begins the process of leaving the european union. the process is expected to begin in the next couple of months. a suicide attacker in a bomb filled vehicle has struck a military camp in northern mali killing more than 50 people. more than 100 soldiers and former fighters trying to stabilize the region were wounded. islamic extremist groups in the area are expected to claim responsibility ultimately. they oppose...
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Jan 23, 2017
01/17
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parliament has approved the approve sweeping executive authority. the referendum last night could be held as soon as april. having familiar arid he, but there is no more too much power at the top. issues,occasional turkey is a stable country, still a democracy. had any other country been subjected to the type of shocks that turkey had been subjected to, you would have a lot more draconian stuff. mark: oilfield services in halliburton provided fourth-quarter profits that these estimate -- beat estimates, kicking off a year-end recovery in northern -- north america. customers in the u.s. and canada increased the number of gas trading rate -- riggs 19%. mcdonald's posted fourth-quarter earnings that beat estimates. the world's largest restaurant chain was helped by technology upgrades and new foods. same-store sales were up 2.7% globally. twice as much as estimates. the biggest manufacturer of apple devices may build a u.s. factory for upwards of $7 billion. that's a major investment for foxconn technology, which may create tens of thousands of jobs .
parliament has approved the approve sweeping executive authority. the referendum last night could be held as soon as april. having familiar arid he, but there is no more too much power at the top. issues,occasional turkey is a stable country, still a democracy. had any other country been subjected to the type of shocks that turkey had been subjected to, you would have a lot more draconian stuff. mark: oilfield services in halliburton provided fourth-quarter profits that these estimate -- beat...
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Jan 31, 2017
01/17
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has drawn 1.6 million signatures prompting what will be a nonbinding debate in parliament next month. the british government led by theresa may invites heads of state on the queen's behalf but the queen access hostess. the prospect of protests outside buckingham palace has but the queen in a very difficult position. put the queen in a difficult position. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm mark crumpton. this is bloomberg. apple set to report earnings after the u.s. closing bell today. it's all about the iphone. apple posted its first annual sales declined since 2001 amid waning demand for its trademark smartphone. as you can see here come apple has posted three straight quarters of year-over-year sales decline and a yearly decline in 2016. bloomberg estimates the first order revenue growth will be 2%. analysts will be focused on iphone unit sales. estimates put this quarter's number at more than $76 million. -- 76 million. it's about the price of the actual phone. the key number has been sliding over the same
has drawn 1.6 million signatures prompting what will be a nonbinding debate in parliament next month. the british government led by theresa may invites heads of state on the queen's behalf but the queen access hostess. the prospect of protests outside buckingham palace has but the queen in a very difficult position. put the queen in a difficult position. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm mark crumpton. this is...
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Jan 3, 2017
01/17
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even then, the eu parliament could scuttle it. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm courtney collins. this is bloomberg. scarlet: thank you so much. coming up, one of the primetime stars of fox news old thing -- bolting to nbc. why megyn kelly is making this move. this is bloomberg. ♪ scarletoliver: this is "bloombeg markets." scarlet: she's the only woman with a prime time show on the fox news channel. now, megan fox is bolting to nbc. she made headlines after donald trump criticized her after the first gop primary debate in august of 2015. is there a big business impact here? joining us is lucas shaw. fox news channel is a moneymaker for 21st century fox. lucas: fox news is the most profitable segment of 21st century fox unless you count all of fox sports. they had printed money for the past two decades. the real test will be whether a the loss of anyone personality will matter. they lost glenn beck if years ago. -- a few years ago. what megyn kelly has
even then, the eu parliament could scuttle it. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm courtney collins. this is bloomberg. scarlet: thank you so much. coming up, one of the primetime stars of fox news old thing -- bolting to nbc. why megyn kelly is making this move. this is bloomberg. ♪ scarletoliver: this is "bloombeg markets." scarlet: she's the only woman with a prime time show on the fox news channel. now,...
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Jan 25, 2017
01/17
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. -- after lawmakers demanded greater scrutiny in parliament. separateis the question of publishing the plan i have sent out, a bold vision for britain for the future. i will do that in the white knowsand the gentleman one of our objectives is the best possible free-trade arrangement with the european union and that is what we will be negotiating for. was speaking to lawmakers in the house of commons. rescue crews have recovered more bodies in the room -- in the rubble of a hotel the stride by an avalanche. rescue workers continue to search for victims. 6 people are still unaccounted for. global news 24 hours a day, powered by more 2600 journalists and analysts in more 120 countries. i am taylor riggs. this is bloomberg. david: thank you. big daynt trump tweeted " planned on national security. among many other things we will build the wall!" he is expected to make an announcement in less than an hour. early i spoke with michael mccaul who chairs the house homeland security committee and asked if he shares trump's enthusiasm for building a wall o
. -- after lawmakers demanded greater scrutiny in parliament. separateis the question of publishing the plan i have sent out, a bold vision for britain for the future. i will do that in the white knowsand the gentleman one of our objectives is the best possible free-trade arrangement with the european union and that is what we will be negotiating for. was speaking to lawmakers in the house of commons. rescue crews have recovered more bodies in the room -- in the rubble of a hotel the stride by...
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Jan 9, 2017
01/17
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turkey's parliament is debating president hand the greater power. the amendment would give his presidency sweeping executive powers and the possibility of serving two more five-year terms. fear giving the president too much power would turn turkey into a dictatorship. the war veteran used of killing five people in the florida airport made his first court against today. he could face the death penalty if convicted. he has spoken to investigators but authorities say it is too early to tell if the shooting was an act of terrorism. global news toy four hours a day powered by more than twice its hundred journalists and analysts than one 120 countries. this is bloomberg. scarlet: thank you. coming up, bill says he speaks with president obama regularly hear what exactly do they discuss? we will hear from him next. this is bloomberg. ♪ scarlet: the president-elect's building pressure to build cars at home. adding 2000 jobs -- this after ford said last week it would expand to michigan in the u.s. and that of a billion-dollar plant in new mexico. david west
turkey's parliament is debating president hand the greater power. the amendment would give his presidency sweeping executive powers and the possibility of serving two more five-year terms. fear giving the president too much power would turn turkey into a dictatorship. the war veteran used of killing five people in the florida airport made his first court against today. he could face the death penalty if convicted. he has spoken to investigators but authorities say it is too early to tell if the...
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Jan 19, 2017
01/17
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dividedshe's got a very majority iny small parliament. and, as i say, i think she will not last. francine: but she cannot go against the referendum. she cannot go against the will of the people of the u.k. inrge: at the moment, people the u.k. are in denial. situationt economic is not as bad as it was predicted. and they live in hope. but as the currency depreciates and inflation will be the will lead to that the declining living standards, this is going to take some time. but when it does happen, they they are earning less than before. as theon't rise as fast cost of living. francine: but then what happens? a new referendum? fresh election? george: well my think the i think theell, divorce is going to take a very long time. orces much harder to div than to get married. [laughter] george: and so the desire for rapprochement will develop. and in theory, maybe even in practice, you could have a 2020 where britain would leave the eu because it does have to take leave ont they could friday evening and over the weekend and have a new arrangement in place monday morning. francine: what
dividedshe's got a very majority iny small parliament. and, as i say, i think she will not last. francine: but she cannot go against the referendum. she cannot go against the will of the people of the u.k. inrge: at the moment, people the u.k. are in denial. situationt economic is not as bad as it was predicted. and they live in hope. but as the currency depreciates and inflation will be the will lead to that the declining living standards, this is going to take some time. but when it does...
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Jan 16, 2017
01/17
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and we are waiting on a supreme court ruling on whether the british leader or parliament has the power to trigger the exit process here at our next guest says that it is opposable to see any other scenario then britain leaving the single market. we're joined by the unicredit strategy.bile fx and our very own richard jones joins us on set, as well. what are your expectations, given everything we have been reading over the weekend in the press? what are your expectations for tomorrow and what this means, bigger picture, for the pound? is difficult to make a call about the exact tone of the speech. it is quite likely we may get some sort of a conciliatory tone from may and the possibility she will release try to seek a transitional agreement. that could provide some short-term rays to sterling. bigger picture, fundamentally, i think the bias remains to the downside. as you said, as long as the control on immigration is the anchoring point of the u.k. government, it is virtually impossible to consider anything fullas the end result, a exit from the single market. spoke to our bloomberg new
and we are waiting on a supreme court ruling on whether the british leader or parliament has the power to trigger the exit process here at our next guest says that it is opposable to see any other scenario then britain leaving the single market. we're joined by the unicredit strategy.bile fx and our very own richard jones joins us on set, as well. what are your expectations, given everything we have been reading over the weekend in the press? what are your expectations for tomorrow and what...
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Jan 30, 2017
01/17
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there is no chance parliament will prevent the time -- as the head of the main panel of lawmakers scrutinizes the policy. the rival social democrats have re-energized with a re-energize chancellorover merkel. show she still has a substantial lead. vonnie: thank you for that. let's get a quick check of stocks. out a tenths of a percent. the s&p down 9/10 of a percent and nasdaq down 1.1%. some american airlines as well and airline stocks lower. -- uld imagine >> we are looking at declines for u.s. stocks. are some ofe losses the game your indexes including the dow transport, the semi conductor index. all these are down farther than the broader indexes. investors selling these higher sectors a bit more. the big drag for biotech all down in a big way. what stands out here is the stocks selling off telling and certainty around the macro. you mentioned the airline sector. the airline index his worst today drop since frexit. bloomberg intelligent analysts polled our team that is a common vision to do with a trump travel ban plus the delta automation. it is tough to know which is the bigger cause. t
there is no chance parliament will prevent the time -- as the head of the main panel of lawmakers scrutinizes the policy. the rival social democrats have re-energized with a re-energize chancellorover merkel. show she still has a substantial lead. vonnie: thank you for that. let's get a quick check of stocks. out a tenths of a percent. the s&p down 9/10 of a percent and nasdaq down 1.1%. some american airlines as well and airline stocks lower. -- uld imagine >> we are looking at...